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Latest Articles in Sector Reports

Cabinet Note Ready For Vehicle Scrapping Policy: Govt

The government had proposed amendments to motor vehicle rules to allow scrapping of vehicles older than 15 years in a bid to spur adoption of electrical vehicles.

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Hyundai Rolls Out Premium Assurance Programme For Tucson, Elantra

The company has tied up with 21 brands across lifestyle, travel, education, car accessories, among others to offer various benefits to its new car buyers.

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Festive Season To Provide Temporary Relief For Auto Makers: Ind-Ra

The automobile industry recorded sales volume growth of 2 per cent year-on-year in August (excluding commercial vehicles), reporting upswing for the first time since November 2018.

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Tamil Nadu Partners With Coursera To Upskill 50,000 Unemployed Youth During Covid-19

The partnership is part of Coursera's global rollout of its workforce recovery initiative under which where any state and country can provide unemployed workers with free access to online learning.

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In Row With Tiffany, LVMH May Find That Most Sales Are Final

Fisch added that LVMH will likely point to a letter from the French government asking that the deal be delayed as a way to break up the deal without requiring the judge declare an MAE.

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Downgrades Indian Banking Outlook To Negative For H2

Ind-Ra maintained a stable outlook for private banks as they are better placed to withstand the challenges presented by the pandemic.

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LSE Picks Euronext As Preferred Bidder For Borsa Italiana

The LSE is selling Borsa as part of regulatory remedies to see through its $27 billion purchase of data provider Refinitiv

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Google Removes Paytm Mobile App From Store Over Policy Violations

Paytm, a pioneer in India's digital payments market, sells everything from digital gold to insurance and also allows for money transfers on a state-backed payments network.

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ADB Vows To Be Developing Asia's Partner For Recovery From Covid-19

ADB will support the efforts of its developing members to secure safe and effective vaccines, and to formulate strategies for equitable delivery.

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Google Removes Select Paytm Applications Citing Policy Violations

It is alleged that the application was allowing customers to play online games, which Google said was facilitating sports betting. Paytm response is awaited

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China's Tencent rebrands WeChat work app ahead of Trump ban

The WeCom mobile app has been gaining popularity in China, where downloads in the first part of September rose 74% from about 690,000 during the first 16 days of August.

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Delhi & State Govt To Identify 200 EV Charging Locations

The development comes after the meeting of the charging infrastructure working group of Delhi government.

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ByteDance Plans Tiktok IPO To Win US Deal As Deadline Looms

ByteDance acquired Shanghai-based video app Musical.ly - whose user base was largely American - for $1 billion in 2017 without seeking CFIUS approval

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Qantas CEO Joyce's Pay Falls 83% Because Of Coronavirus Pandemic

Joyce's total pay was A$1.7 million ($1.24 million) in the financial year, down from A$9.9 million a year earlier, Qantas said in a statement.

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Tesla Wins Case Against Former Employee Accused Of Hacking, Transferring Data

The U.S. district court of Nevada said in its ruling that it will grant Tesla's motions to seal "because compelling reasons support them, and they are unopposed."

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